Start-up Joltage unplugs Wi-Fi service
Source: CNet News
Wi-Fi service start-up Joltage will cease operating because of slower-than-expected demand that led to a drain on its finances.
The New York-based company launched less than a year ago, touting plans to sell wireless high-speed Internet access on Wi-Fi networks. But according to an e-mail sent earlier this month by Joltage founder and Chairman Andrew Weinreich, the company will discontinue its Wi-Fi subscriber and provider services. In the message, sent to subscribers and service providers, Weinreich said it appeared it would take longer than expected for Joltage to acquire enough customers on its networks for the company to sustain itself.
"We are no longer able to finance our operations as we had once hoped we would be able to," Weinreich wrote. "We will therefore no longer be able to support your operations as a venue for individuals to gain wireless access to the Internet."
